District 03 · Queenstown · RCR
Shepherd'S Hill Estate
Merino Crescent · Detached · Freehold
Current PSF
$2,535
+15.3% vs district median
Gross yield
1.5%
median rent $6,900/mo
3-year gain
55.0%
Transactions · 5y
6
2 in last 12 months
Nearest MRT
Redhill Mrt Station · 1,216.771m
EWL
Future MRT
West Coast Mrt Station
CRL · 2032
Vs local HDB
-
Area income
$9,500/mo median
residential zone
En-bloc potential31 / 100
· composite of plot use, age, tenure, value gap & size
Tenanted
100%
units with active leases
Rent momentum
-
latest 2 qtrs vs year ago
Sub-sales
0.0%
flip ratio, last 24 months
Price spread
22%
PSF dispersion within project
The neighbourhood
P1 ring
Queenstown Primary School 498m · Phase 2C 1.1× balloted - inside the 1km priority ring; Phase 2C demand is last year’s applicants ÷ vacancies (MOE)
Secondary
Queenstown Secondary School · 845m
Food
Mei Chin Road Blk 159 (Mei Chin Road Market) · 392m - 4 hawker centres within 1km
Green
Rail Corridor · 807m
Mall
Anchorpoint Shopping Centre · 321m
Health
Alexandra Hospital (hospital) · 912m
Who lives in Queenstown
Census of Population 2020 · planning-area aggregates · SingStat via data.gov.sg
Residents
95,930
Median age
45 yrs
43% under 40 · getting older
Children 0–9
8,260
▼ 8% since 2015 · future P1 demand
Household size
2.8 avg
Homes
82% HDB
12% condo · 4% landed
Degree holders
37%
residents 15+
Commute
62% transit
19% drive
45 min+ to work
19%
The neighbourhood, photographed
freely-licensed photographs taken within ~450 m · Wikimedia Commons
Price trend average PSF by year
2021
$1,227
2022
$1,455
+18.6%
2023
$1,635
+12.4%
2024
$1,759
+7.6%
2025
$2,535
+44.1%
Recent transactions URA, latest 7
| Date | Price | Area (sqft) | PSF | Floor |
|---|---|---|---|---|
| Nov 2025 | $15,078,688 | 5,155 | $2,925 | - |
| Oct 2025 | $12,000,000 | 5,595 | $2,145 | - |
| May 2024 | $8,200,000 | 4,662 | $1,759 | - |
| Dec 2023 | $8,480,000 | 5,038 | $1,683 | - |
| Nov 2023 | $8,250,000 | 5,199 | $1,587 | - |
| Oct 2022 | $7,500,000 | 5,155 | $1,455 | - |
| Apr 2021 | $6,380,000 | 5,199 | $1,227 | - |
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More in District 03
The HDB blocks next door
The entry point, measured: what the resale flats around Shepherd'S Hill Estate actually sell for - this project trades at 4.6× the nearest block’s PSF.